Global Fluoropolymers Market Will Reach $6.54bn In 2017

A new report by visiongain concludes that the world market for Fluoropolymers will reach $6.54 billion in 2017. This analysis and others appear in the Fluoropolymers Market Analysis Report 2017-2027: Forecasts by Product (Polytetrafluoroethylene (PTFE), Polyvinylidene fluoride (PVDF), Fluorinated Ethylene Propylene (FEP), Fluoroelastomers) And By Application (Automotive, Electrical & Electronics, Chemical Processing, Industrial Equipment, Others) published by visiongain, a leading business intelligence provider based in London, UK.

Fluoropolymers are olefinic polymers which have carbon and fluorine in their bonds. Commercial fluoropolymers can be defined into homopolymes and copolymers. Increase in fluorine content in the polymer enhances its mechanical and chemical properties towards abrasion, impact strength, and resistance to alkalis, bases, and acids. Fluoropolymers were discovered in the late 1930s by scientists at DuPont. The enhanced properties of fluoropolymers have made them a material of choice in various engineering applications such as automotive, electrical & electronics, chemical processing, industrial & machinery etc. Fluoropolymers are broadly classified into PTFE, PVDF, FEP, fluoroelastomers, and others.

PTFE is the largest consumed fluoropolymer. It is followed by PVDF and FEP. New applications of fluoropolymers are driving the demand for these polymers in end use industries.

Emerging economies of Asia such as India and South East Asian countries will be a major driver for the global fluoropolymer industry. The automotive market will be one of the largest for fluoropolymers during the entire forecast period. Growth in the automotive and transportation sector is driven by the excellent properties and performance characteristics of fluoropolymers which make them suitable for the production of automotive components. They are typically required in low friction applications such as gear boxes, brake pads, seals, power steering etc. In the aerospace industry, fluoropolymers are used in wiring insulation where excellent thermal and chemical resistance is required.

This report contains 188 tables, charts and graphs that add visual analysis in order to explain developing trends within the fluoropolymers market. Visiongain provides forecasts for the period 2017 to 2027 in terms of value (US$) for the fluoropolymers market. In addition, 10 submarkets are forecasted and analysed by visiongain over the period 2017 to 2027.by product type PTFE, PVDF, FEP, Fluoroelastomers, Other and also by industry application for automotive, electrical & electronics, chemical processing, industrial & machinery and other applications

The Fluoropolymers Market Analysis Report 2017-2027: Forecasts by Product (Polytetrafluoroethylene (PTFE), Polyvinylidene fluoride (PVDF), Fluorinated Ethylene Propylene (FEP), Fluoroelastomers) And By Application (Automotive, Electrical & Electronics, Chemical Processing, Industrial Equipment, Others) report will be of value to current and future potential investors wanting to better understand the fluoropolymers industry and its underlying dynamics, as well as companies and research centres who wish to broaden their knowledge of the fluoropolymers market.

ABOUT THE AUTHOR

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.